I don’t like the overall goals of the bill, but both the 401k change and the tuition reimbursement tax are even more objectionable, simply for being dishonest.

I don’t like the overall goals of the bill, but both the 401k change and the tuition reimbursement tax are even more objectionable, simply for being dishonest. The 401k tax has precisely nothing to do with building a better tax code. It’s about capturing taxes on retirement savings now rather than later to make the bill look like it comes closer to paying for itself. Similar to the tuition benefit tax. It’s a pure accounting trick. Sure, on paper there’s a ton of new revenue you’re now going to get, but no one is actually going to pay it. Grad students are broke! There’s not some untapped source of revenue there.